earnings
confidence high
sentiment negative
materiality 0.80
Five Below Q3 EPS $0.29 misses last year's $0.43; comp sales -2.7%; raises FY guidance
FIVE BELOW, INC
2022-Q3 EPS reported
$1.62
revenue$1,953,557,000
- Q3 net sales $645M (+6.2% YoY); comparable sales -2.7% versus fiscal 2021.
- Diluted EPS $0.29 vs $0.43; operating income $20.9M, down from $42.4M.
- Raised FY2022 EPS guidance to $4.55-$4.71; net sales $3,038M-$3,063M.
- Q4 guidance: EPS $2.93-$3.09 on net sales $1,085M-$1,110M.
- Opened 40 new stores in Q3; total 1,292; repurchased $40M in shares YTD.